💎 Tracking Gold Swinging 💎 Swing Low: 1978 Swing High: 2006 Big News: ISM Manufacturing PMI -Richard Eyo “The Wizard” 🧙♂️
WAVES is getting a lot of momentum, over the next few days it will hit the 9.17 mark. Heavy resistance at this point, pullback possible. Massive gains once orange line is broken. Current: 8.69 2 day target: 9.17 2 week target: 14.20
Drew this in the previous post. Let’s see if bsv drops soon to 110 +-10.
Same analysis n rationale as the USOIL trade i just posted. It's attached in the related ideas I was already in this trade way earlier as my entries were already triggered but as you can see price is half way there to the target of around 48.60 You got further levels below that should price just plummet at around 46.30 and below that the low made earlier during the year
I correctly anticipate this sell off last month and that post is attached in the related ideas section. This play is simply a continuation of the initial sell off which is pretty straight forward. The expected target is 43.10 which is just below the low made early during the year
Posted this one along with USOIl few weeks ago that i was anitcipating a selloff which for this pair it is in line with the overall downward trend on the bigger timeframes. Target just reached now securing in over 300 pips Attached in the related ideas is the original post
I posted a couple of weeks ago about the possibility of the USDCAD breaching the high on the weekly which is highlighted by the red box. Now that Price has clearly broken it, I am expecting this clear upward momentum to continue. Also to point out, the green trendline has held firm where price has failed to break and close below it, therefore it is safe to assume...
Gold made its high in 2012 and since then has came off considerably.. For the past yr after the initial selloff, price has been consolidating for the past yr with a clear descending trendline which re-confirms the initial selloff that a potential continuation is coming. With that in mind, I'm anticipating a further sell off in gold with a expected target of...
Obviously due to the whole Greece thing, this pair has caused alot of confusion for alot of ppl. I maintained my short bias for this pair because of those 2 yellow boxes. The upper yellow box represents price failing to make or even test the high it set few months prior which is highlighted by the red box. And price finnaly cracking the upward trend-line within...
This is in line with all my trades posted so far for today. Upward Trendline has been broken which is highlighted by yellow box and now it is breaking down south. Along with Yellen currently speaking in regards to rates, I'm anticipating a target of around 95.50 - which gives me a profit of over 80 pips
Another Technical play in conjunction of Janet Yellen currently speaking about interest rates. It was a quick move as I write this b/c of Yellen and this is another pure technical based play. Anticipating upward momentum with a target of around 2.1180
Another mostly technical play, capitalizing the upward momentum that exists for this pair and yen pairs in general. I picked the hourly over the 4hr this time mainly b/c obviously the trade ends alot quicker. Expected Price Target 124.10
This is purely technical as there still alot of confusion surrounding this pair b/c of everything going on with Greecel. The 4hr Chart is showing downside selling momentum and I am playing that selling pressure on the hourly chart. Expected Price Target is around 1.0890
I was in a long position on this which i was stopped out on friday. I usually ignore the friday closing hrs due to lack of volume but price seemed to fall during the last few hrs and i ended up taking a short play. This is a classic retracement play coming off a period of consolidation (which i originally thought it was going to break higher) but I reversed my...
Attached in the related ideas is was the original chart n the rationale behind it. After my target was just hit within the last hour, i managed to grab over 130 pips in profit for this pair alone. As it stands we are breaking down from uptrend over the last couple months to a full correction/ large channel sequence. Using the Green trendline as guidance for the...
USDCHF has broken out of the descending trendline where it also re-tested last week. This is highlighted by the yellow boxes which indicates bullish momentum can be anticipated. Currently Price is about to break that dark grey box and should it break, Im looking for around a 150pip gain trade with a expected target of around .9660
After the run up we saw in this pair yesterday, we are seeing a pull back or consolidation which is natural. Im expecting price to retrace atleast back to the green trendline with an expected target of around .7160
Same play as i posted before on the 4hr chart but this time on a smaller timeframe. (attached in the related links) Same rationale as well as there is clear selling pressure building from the triangle/wedge pattern from the last few days. Expected price target for this play is 130.90